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Investment Firm Garnett Station Partners Expands to 35K SF at 450 Park Avenue

Garnett Station Partners, a New York-based private equity investment firm and alternative asset manager, is expanding its office footprint in Midtown Manhattan, Commercial Observer has learned. Garnett...

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Related Urban Secures $129M Financing for Downtown Miami Project

Related Urban Development Group said Thursday that it has arranged $129 million in financing for Gallery Lummus Parc, a 257-unit transit-oriented development in Downtown Miami. Greystone Real Estate...

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Union Investment Sells Meatpacking District Retail Condo for $27M

A high-profile retail space in Manhattan’s Meatpacking District has traded. Union Investment Real Estate, a Germany-based real estate investment manager, sold a retail condo unit at the base of the...

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BridgeCity Lends $84M on Midtown East Office-to-Resi Conversion

CSC Real Estate has landed $83.5 million of acquisition and construction financing to reposition a Midtown East office property into luxury apartments, Commercial Observer has learned. BridgeCity...

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News Outlet Semafor Takes 12K SF at 495 Broadway

The news never sleeps, and journalists want a comfy space to do their critical work.  Digital news organization Semafor has inked a 12,000-square-foot lease at WB Property Group’s 495 Broadway just off...

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AI Platform Fuel Cycle Takes Office Space at GFP’s 630 Ninth Avenue

GFP Real Estate’s 630 Ninth Avenue has a new office tenant. Fuel Cycle, an artificial intelligence-powered platform that helps businesses gather consumer insights and conduct market research, has...

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PNC Bank Inks 4K-SF Retail Lease at 312 West 43rd Street

Residents at the Ellery, a mixed-use residential development in Manhattan’s Hell’s Kitchen neighborhood, are getting another retailer at the base of their 33-story home.  PNC Bank has signed a...

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Prologis Expects More Development, Acquisitions as Industrial Recovery Grows

Prologis executives told investors Thursday the company anticipates putting more shovels in the ground and buying more property after the third quarter of 2026, but also warned that higher interest...

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Cushman & Wakefield Hires CBRE’s Doug Middleton as Head of Capital Markets

Doug Middleton and Jack Stillwagon have left CBRE for one of its global competitors. Middleton has joined Cushman & Wakefield to lead its institutional capital markets business in New York City...

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Colorado Federal Bank Lends $23M for Brooklyn Apartments at Former Event Space

Double U Development has sealed $23 million of construction financing to transform a former Brooklyn music and wedding venue into apartments, Commercial Observer has learned. Colorado Federal Bank...

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EQT Real Estate Acquires $16B Alternatives Investment Firm Stockbridge for $375M

EQT Real Estate, the commercial real estate subsidiary of Swedish private equity giant EQT AB, announced Thursday that it has acquired Stockbridge, a U.S. real estate investment firm with $16.5 billion...

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Sustainability Innovation Equals Improved Building Performance: Forum

Watch the full video recap here. Commercial real estate executives have made the case for the practicality of implementing sustainability in their portfolios beyond just societal expectations....

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Entertainment Firm Fifth Season Grabs 5K SF at 115 West 27th Street

Lights, camera, (office) action!  Fifth Season, a global media company that develops, finances, produces and distributes movies, television shows and documentaries, has signed a 5,000-square-foot lease...

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Your Family Lives There. So Why Is New York Imposing a Pied-à-Terre Tax?

Across New York City, high-value real estate is commonly held through trusts and limited liability companies (LLCs), which serve important purposes, from estate planning to privacy and liability...

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Power Availability Defining Most Coveted Locations in CRE

A surge in demand for artificial intelligence has transformed the importance of location in commercial real estate transactions. Markets with sufficient energy access and broadband connections coupled...

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Get to Know the Broker: Patrick Southern of Serhant

If you need a place in New Jersey, SERHANT’s Patrick Southern is the agent you call.  In 2025 alone, he closed 376 contracts in the state, mostly in Jersey City, just a stone’s throw from the bustling...

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Scarcity, Privacy and Authenticity Are Luxury Development’s Calling Cards Now

The standard of luxury in residential real estate has traditionally been measured by what can be seen and counted: square footage, ceiling heights, the number of amenities, or the length of the...

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Insurance Is Taking a Bigger Bite Out of Apartment Revenue

In 2019, a Louisiana apartment property financed in a commercial mortgage-backed securities or Freddie K-Series deal spent about $4.77 on insurance for every $100 of revenue it collected. By 2025, that...

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Brooklyn Apartment Leasing Strongest Since 2020 for a September: Report

Apartments are filling up in Brooklyn.  Leasing momentum in Brooklyn’s rental market increased 10 percent annually in September, as the borough notched its strongest September of apartment leasing...

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C-PACE Financing Can Be a Useful Part of a Data Center’s Capital Stack

The data center boom faces a financing challenge: Developers must fund not only the buildings themselves, but also the power, cooling and other infrastructure required to support increasingly...

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